The $1,000,000,000 North Korean Bank Heist

Rindfleisch
Published on May 10, 2021
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Kento Bento â€” Researcher, writer, narrator, audio editor, video editor, motion graphics & art director
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Video Title: The $1,000,000,000 North Korean Bank Heist

"Bangladesh, February 7th, 2016. The director of the Bangladesh Central Bank got off the elevator on the ninth floor, and headed to the back office of the Accounts and Budgeting Department. This was the most restricted part of the building. He was there to deal with a problem,m one that had been plaguing the office the last few days. You see, the printer wasnâ€™t working, and this was kind of a big deal. It was causing a real disruption. The automated printer, which was hooked up to the bankâ€™s software, was supposed to work round the clock 24/7, printing out the bankâ€™s transaction reports in real-time. Due to this technical glitch however, the printer tray remained empty. Much of the day was spent trying to fix the issue;,and after a great deal of effort there was success. They were able to restart the printer. And so the backlog of transaction reports started rolling out, one by one. Now, it soon became apparent that something wasnâ€™t quite right. There were more statements than expected..."

Talking Points:
- Bangladesh Bank
- SWIFT security system
- World banking
- Fraudulent transactions
- Dhaka
- Billion dollar heist
- Cyber-heist / cyber-attack
- RCBC Bank in Philippines
- Malware hacking
- Federal Reserve Bank of New York (New York Fed)
- Electronic money transfers
- Pan Asia Bank in Sri Lanka
- Deutsche Bank
- Money laundering in casinos
- Single biggest heist in history
- Cyber security experts
- Lazarus
- Sony Pictures Hack 2014
- Kim Jong-un in The Interview
- North Korea's state funded bank robbing
- Macau's & Pyongyang's financial relationship